TFI International (NYSE:TFII) Shares Down 5.3% After Analyst Downgrade

TFI International Inc. (NYSE:TFII) was down 5.3% during trading on Monday after National Bank Financial lowered their price target on the stock from $161.00 to $148.00. National Bank Financial currently has an outperform rating on the stock. TFI International traded as low as $114.53 and last traded at $112.5970. 27,891 shares changed hands during trading, a decline of 92% from the average session volume of 361,724 shares. The stock had previously closed at $118.90.

TFII has been the subject of several other research reports. Stephens raised their price target on TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Zacks Research lowered shares of TFI International from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Morgan Stanley lifted their target price on shares of TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. The Goldman Sachs Group upped their price target on shares of TFI International from $145.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $170.00 price target (up from $140.00) on shares of TFI International in a report on Tuesday, June 9th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $170.94.

Institutional Investors Weigh In On TFI International

A number of institutional investors have recently modified their holdings of TFII. Allworth Financial LP bought a new position in TFI International during the second quarter worth about $46,000. State of Wyoming bought a new stake in TFI International in the 2nd quarter valued at about $56,000. Versant Capital Management Inc grew its position in shares of TFI International by 47.3% during the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock worth $59,000 after purchasing an additional 131 shares in the last quarter. Tacita Capital Inc acquired a new position in shares of TFI International during the 2nd quarter worth approximately $91,000. Finally, Oslo Pensjonsforsikring AS acquired a new position in shares of TFI International during the 1st quarter worth approximately $184,000. Institutional investors own 73.30% of the company’s stock.

TFI International Price Performance

The company’s fifty day moving average price is $132.52 and its 200 day moving average price is $136.64. The company has a market capitalization of $9.37 billion, a P/E ratio of 28.00, a PEG ratio of 0.71 and a beta of 1.63. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.83.

TFI International (NYSE:TFII) last released its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, sell-side analysts forecast that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.88 annualized dividend and a yield of 1.6%. TFI International’s payout ratio is currently 46.19%.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.